{"data":{"id":"us-nyc/n.y.c.-admin.-code-11-505","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § 11-505","heading":"§ 11-505 Unincorporated business taxable income.","body":"The unincorporated business taxable income of an unincorporated business shall be the excess of its unincorporated business gross income over its unincorporated business deductions, allocated to the city, less the amount of:\n\n(1) Its deductions under section 11-509 of this chapter not subject to allocation; and\n\n(2) Its unincorporated business exemptions under section 11-510 of this chapter.","path":["New York City Administrative Code","Title 11","Chapter 5: City Unincorporated Business Income Tax"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"0d574d85205ed3082852c4d5e077d5c30f33c2a7372c76004b3114c3d6d13a5c","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-11-504","next":"us-nyc/n.y.c.-admin.-code-11-506"},"notice":"GroundRules: Original legal text. Not legal advice."}